Sri Lanka Consolidated Acts

Fair Trading Commission Act (No. 1 of 1987)

TABLE OF PROVISIONSLong Title1. Short title and date of operation
2. Fair Trading Commission
3. The Commission to be a body corporate
4. Members of the Commission
5. function of the commission
6. Matters to which the Commission shall give special regard
7. Power to require maintenance to records and the furnishing of returns
8. Power of Commission to call for information
9. Power of Commission to authorize any officer to enter and inspect premises
10. Power to hold inquiries and investigations
11. Commission to carry out investigations
12. Monopoly situation
13. Merger situation
14. Anti-competitive practice
15. Order to be made by commission upon the conclusion of an investigation
16. Publication of order under section 15
17. Appeals
18. Controller of Prices may request Commission to fix the prices, or to set out the price structure of certain articles
19. Relevant agency may request Commission to vary the prices fixed by Order for an article
20. Procedure and Powers of Commission on receipt of a request under section 18 or section 19
21. Time limit within which powers and duties under section 20 are to be exercised and discharged
22. Power of Minister to rescind or vary an Order made under section 20
23. Obligatory reference in the case of variation of price or charge of prescribed articles or prescribed services
24. Advisory reference
25. Commission to review question relating to prices of article &c
26. Publication of a report made under this Act
27. Secretary General to the Commission
28. Appointment of officers servants and advisers to the Commission
29. Appointment of public officers to the staff of the Commission
30. Fund of Commission
31. Financial year and the audit of accounts
32. Provisions of this Act not to apply in relation to certain enterprises
33. Complaints under section 11 and requests under sections 18 and 19 to be in form determined by commission
34. Protection for action taken under this Act
35. Members, Officers and servants of the Commission deemed to be public servants
36. Commission deemed to be a Schedule Institution within the meaning of the Bribery Act
37. Offences and Penalties
38. Regulations
39. Repeal and savings
40. Amendment of the Consumer Protection Act, No. 1 of 1979
41. Interpretation